Shares would have been all part of a previous plan. The nomad would have advised that they would need to issue shares before the deal was completed. So at that point the share price was around that price. Therefore it would seem like a discounted price but not so. The turnaround is better than people have expected The money from the shares will pay for AIM admission. No overheads due to losing all the liabilities. No major salaries. Kansas is now a sitting asset to sell. Tapia costs all Hawkers now. So people will be seriously buying in. BMD wouldn't invest here without knowledge of a big turnaround. All his followers will also buy in if they had any sense. Think we may see a very decent rise here Monday! The shares have been bought so actually the dilutive nature isn't as bad as people feel. Also the shares in issue is still low. Bring on Monday. I'm even more excited now!
O 0.50 plus why on earth would they have offered shares at 0.05 i know they are desperate but if it was going to be solt ar 0.50 plus the placing should have been at say a 30 percent discount max ar o.10
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